Economy

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    Sanusi urges Nigeria to diversify its economy, reduce petrol consumption

    Former Kano emir Muhammadu Sanusi II has said that the ultimate solution to the crisis caused by the removal of petrol subsidy is to reduce the reliance on petrol. He made this remark on Thursday, at a lecture series organised by the Nigerian Institute of International Affairs (NIIA) in Lagos. Sanusi, who was also a former CBN governor, recalled that…

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    The new MD Bank of Industry Supo Olusi, up close & personal

    The newly-appointed Managing Director and Chief Wxecutive Officer of the Bank of Industry, Dr. Olasupo Olusi, is not a son or relation of Lagos All Progressives Congress leader, Chief Tajudeen Oluyole Olusi, as being assumed or speculated in several quarters. Westernpost can report today that the new BoI MD is actually from Akoko area of Ondo State and not from…

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    NASENI, Chinese companies sign MoUs, receives letters of intent for investments

    At a ceremony attended by Vice President Kashim Shettima (GCON) on Thursday, October 19, 2023, on the sidelines of the third Belt and Road Initiative (BRI) Forum in Beijing, China, the National Agency for Science and Engineering Infrastructure (NASENI) and new Chinese partners signed three (3) memorandum of Understandings (MoUs) for new projects valued at $2 billion. The three Chinese…

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    Kwara, Oyo, Niger governors meet Alake, resolve to collaborate for mining sector development

    The Minister of Solid Minerals Development, Dr. Dele Alake Thursday afternoon hosted Governors of Kwara, Abdulrahman Abdulrasak, Oyo State, Seyi Makinde, and Niger State, Umar Bago in his office. Speaking to the press after the meeting, Niger State Governor revealed that issues around revalidating licenses given to mining companies who have gone out of their scope dominated discussions alongside the…

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    FG presents 320 patent certificates to deserving inventors, researchers

    Minister of Innovation, Science and Technology, Chief Uche Geoffrey Nnaji has said that from 2010 to date the National Office for Technology  Acquisition and Promotion (NOTAP) has been able to secure about 320 Patent Certificates for Inventors and Researchers of Tertiary and Research Institutions in the country. Nnaji said this, during the presentation of 18 Patent Certificates to Researchers and Inventors,…

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    FG aims to make solid minerals Nigeria’s major revenue earner – Alake

    eeks Collaboration with Private sector, Mining Industry Stakeholders In his remarks to close the eighth edition of the Nigerian mining week, the Minister of Solid Minerals Development, Dr. Dele Alake reaffirmed the resolve of the Tinubu administration to make solid minerals the most valuable resource that will surpass crude oil’s contribution to the nation’s Gross Domestic Product (GDP). Alake in…

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    New NCC boss, Maida commits to President Tinubu’s vision on digital economy

    The new Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has said he would align the Commission’s regulatory focus to achieve the promises of President Bola Ahmed Tinubu’s Renewed Hope agenda to advance the nation’s digital transformation agenda.  Maida, who spoke to the Senior Management team of the Commission at the Commission’s Head Office in…

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    Keyamo demands review of BASA Agreement between Nigeria, Algeria

    The Federal Government has requested that the Bilateral Air Service Agreement between Algeria and Nigeria be reviewed, noting that the need for a direct service to Abuja will be met. The Minister of Aviation and Aerospace Development, Festus Keyamo, disclosed this to Algeria Ambassador to Nigeria, Hacine Lalti, who paid him a visit in his Abuja office on Tuesday. Keyamo…

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    We’ll engineer economy’s diversification through solid minerals – Alake

    The Minister of Solid Minerals Development, Dr. Dele Alake has restated the commitment of the Tinubu Administration to engender economic growth and diversification of the economy through the development of vast solid mineral deposits in the country. Giving the keynote address as the host of the 2023 mining week tagged “Capitalising on Nigeria’s critical mineral resources for its economic growth…

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    Housing minister calls on Nigerian Institute of Quantity Surveyors to uphold ethics, standards

    Minister of Housing and Urban Development, Arc. Musa Ahmed Dangiwa, has called on the Nigerian Institute of Quantity Surveyors (NIQS) to champion ethics and excellence within the construction and building sector in Nigeria. Dangiwa made this call during a courtesy visit by the leadership of the Institute to his office in Abuja on Tuesday. Emphasizing the vital role that the…

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